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Reply to "America’s Richest (and Poorest) States"

Duluth, Minnesota

12. Minnesota
> Median household income: $63,488
> Population: 5,489,594 (21st highest)
> 2015 Unemployment rate: 3.7% (9th lowest)
> Poverty rate: 10.2% (4th lowest)

Higher levels of education typically lead to higher incomes. In Minnesota, where 34.7% of adults have at least a bachelor’s degree compared to 30.6% of adults nationally, incomes are also — predictably — higher. The typical household in the state earns $63,488 annually, considerably more than the $55,775 the typical American household earns a year. In addition to higher incomes, poverty is relatively scarce in Minnesota. Only 10.2% of state residents live below the poverty line, the fourth smallest share of any state.

FM
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